MySuper balanced

Aims:

To maximise long-term investment returns while containing fluctuations in returns over shorter periods.

To on average achieve net returns which exceed CPI increases by at least 3.0% pa over rolling 10-year periods.

Risk profile:

Offers a greater emphasis on growth assets to achieve higher returns, but includes some lower-risk defensive assets to reduce short-term risks. This option is likely to produce a negative return in 3 to 4 years every 20 years.

Risk Level:

High.

Investor profile:

Will suit investors looking for moderate to high returns over the medium to long-term, but who are prepared to accept some fluctuations in investment performance over shorter periods.

Investment strategy

The investment benchmark is 75% growth assets and 25% defensive assets, as shown in the table below:

Growth Assets

Benchmark %

Permitted range %

Australian shares

27

20-50

Overseas shares

27

10-40

Property

12

0-25

Alternative growth*

9

0-20

Total

75%

60-80%

Defensive Assets

Benchmark %

Permitted range %

Fixed interest

18

0-30

Alternative income

5

0-20

Enhanced Cash

2

0-30

Total

25%

15-45%

*Alternative growth may include private equity, credit and infrastructure.

Super Investment Performance

Current Performance

Historical performance to 30/06/2018

Option

FYTD as at 03/08/2018

1 Year

3 Years

5 Years

7 Years

10 Years

MySuper Balanced

1.0%

9.4%

8.0%

9.4%

8.9%

6.6%

Cash

0.1%

1.6%

1.7%

2.2%

2.7%

3.2%

Enhanced cash

0.1%

1.9%

2.0%

2.3%

3.0%

3.9%

Conservative

0.5%

5.2%

4.8%

5.8%

6.0%

5.2%

Conservative balanced

0.8%

7.3%

6.4%

7.7%

7.6%

5.9%

Balanced index

0.9%

9.4%

7.0%

8.7%

-

-

Balanced

1.1%

9.5%

8.0%

9.4%

8.9%

6.5%

Growth

1.2%

11.1%

9.1%

10.5%

9.9%

6.7%

High growth

1.4%

12.4%

9.8%

11.4%

10.6%

6.9%

Australian shares

0.6%

14.3%

11.5%

11.3%

10.0%

7.2%

Overseas shares

2.4%

12.2%

8.9%

11.9%

11.5%

7.0%

Balanced socially responsible

1.1%

9.0%

5.5%

8.0%

7.2%

4.7%

Pension Investment Performance

Current Performance

Historical performance to 30/06/2018

Option

FYTD as at 03/08/2018

1 Year

3 Years

5 Years

7 Years

10 Years

MySuper Balanced

0.0%

-

-

-

-

-

Cash

0.2%

1.9%

2.0%

2.5%

3.2%

3.8%

Enhanced cash

0.2%

2.2%

2.3%

2.8%

3.5%

4.5%

Conservative

0.6%

5.9%

5.4%

6.5%

6.8%

5.9%

Conservative balanced

0.9%

8.2%

7.1%

8.5%

8.5%

6.6%

Balanced index

1.0%

10.4%

7.6%

9.4%

-

-

Balanced

1.2%

10.3%

8.8%

10.2%

9.7%

7.2%

Growth

1.4%

12.0%

9.8%

11.4%

10.8%

7.3%

High growth

1.6%

13.7%

10.8%

12.5%

12.1%

7.9%

Australian shares

0.6%

16.1%

12.6%

12.2%

11.0%

8.2%

Overseas shares

2.6%

12.6%

9.6%

13.1%

13.3%

8.2%

Balanced socially responsible

1.2%

9.9%

6.1%

8.9%

8.2%

5.7%

Super Unit Price History

Date

Buy Price

Sell Price

03/08/2018

1.8678

1.8648

27/07/2018

1.8708

1.8678

20/07/2018

1.8652

1.8622

13/07/2018

1.8601

1.8572

06/07/2018

1.8523

1.8493

29/06/2018

1.8481

1.8452

22/06/2018

1.8515

1.8485

15/06/2018

1.8453

1.8424

08/06/2018

1.8350

1.8320

01/06/2018

1.8299

1.8270

Pages

Please note: This MySuper balanced option Dashboard shows net investment return information as required by law and should be used for comparative purposes. Go to ASIC’s MoneySmart website for more information on how to pick the right MySuper product for you.

Representative member account

The investment return information is based on a representative member account balance of $50,000 each year. A representative member account balance assumes that:

- the 1 July balance each year is $50,000;

- no contributions are received; and

- the representative member account balance changes only due to the deduction of certain fees and costs.

The figures shown are less investment fees and administration fees and costs (which include your annual account fee). Insurance fees and activity fees are not included in these calculations. This return may not be equivalent to the investment return reported elsewhere by the Fund, and may not be the return actually credited to your account.

Return

10 year average return of 6.56% up to 30 June 2018.

Return target

Return target is 3% per year above inflation, after fees and taxes over rolling 10 year periods. Future returns are not guaranteed. This is a prediction.

Comparison between return and target return

The graph allows you to compare how the MySuper balanced option has performed based on a representative member account after fees, costs and taxes for each year shown over a 10-year period, the rolling average return over 10 year periods after allowance for CPI and the average target return target for the same period.

Actual Annual Net Return

Based on the representative member account, the blue bar shows the net return of the portfolio after the deduction of investment, administration fees and taxes for each individual year.

Moving Average actual net Return over 10 years

The moving average actual net return over 10 years line shows the rolling 10 year average of net returns.

Target net return over 10 years

The target net return line is the Trustee’s estimated net investment rate of return calculated for the previous 10 years.

Level of Investment risk

High

The probability of this option earning a negative return is approximately 3 to 4 years in every 20 years.

Statement of fees and other costs

Fees and other costs for a member with a $50,000 balance:

$657.60 per year

Definitions

Return

The average annual net return that exceeds the change in the consumer price index (CPI) calculated for the previous 10 years prior to the date shown based on a representative member account. The calculation takes into account the time weighted rate of return after investment fees, administration fees and costs and taxes and is adjusted for cash flows.

Return target

This is the current expected return for the MySuper balanced option.

Level of investment risk

This is the level of investment risk for the MySuper balanced option using the Standard Risk Measure that applies to risk descriptions that range from very low to very high.

Statement of fees and other costs

Based on a member with a $50,000 balance, the fees and other costs include the investment fee, administration fee and other indirect costs incurred in either investing the portfolio or administering the account. In calculating the portfolio returns shown in the table, these fees and other costs have been deducted. These fees do not include activity fees or insurance fees that a member may choose to incur. In addition if you leave the Fund, an exit fee will apply. The fees shown are those charged from 30 September 2017. The fees and costs shown may change.